Stocks to watch: Thai Beverage, Golden Agri-Resources, Ho Bee Land, OUE, Straits Trading

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Aug 15):

Thai Beverage : The beverage company on Thursday reported a 4 per cent drop in earnings before interest, taxes, depreciation and amortisation (Ebitda) to 45 billion baht (S$1.8 billion) for the nine months ended Jun 30. The figures have been adjusted to account for the consolidation of Fraser and Neave following its share swap with Thai Beverage in September 2024. Sales revenue was down 0.4 per cent at 258.6 billion baht. The counter closed Thursday up 1.1 per cent or S$0.005 at S$0.475, before the business update.

Golden Agri-Resources : The palm-oil company on Thursday posted a net profit of US$160.3 million for the first half of 2025, a 56.5 per cent jump from the year-ago period. Revenue rose 19.6 per cent to US$6.2 billion, supported by a 19 per cent increase in crude palm-oil market prices. The higher net profit came from lower interest expenses and reduced foreign exchange losses. Earnings per share were US$0.0126 in the first half of 2025, up from US$0.0081. The counter closed flat at S$0.265 on Thursday before the announcement.